CMI Insider Notice: 520 Cummins Shares to be Sold via Goldman Sachs

Rhea-AI Filing Summary

Cummins Inc. (CMI) filed a Form 144 to report a proposed sale of company stock. The notice shows 520 common shares being offered through Goldman Sachs & Co. LLC on the NYSE with an aggregate market value of $199,997.20 and an approximate sale date of 08/08/2025. The filing lists total shares outstanding as 137,786,038.

The shares were acquired on 02/19/2025 as compensation under stock options and the payment method is described as a cashless exercise/same-day sale. The filer indicates no securities were sold in the past three months and includes the standard representation that the person signing does not possess undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Small, routine insider notice reporting a 520-share cashless exercise and planned sale; unlikely to move market prices.

The Form 144 documents a proposed sale of 520 common shares valued at $199,997.20, executed through Goldman Sachs. The shares were acquired as compensation on 02/19/2025 and are to be sold via a cashless exercise/same-day sale on 08/08/2025. Given the 137,786,038 shares outstanding reported in the filing, this transaction represents a de minimis portion of the float and is a routine compliance disclosure rather than a signal of substantive change to company fundamentals.

Corporate Governance Expert

TL;DR: Filing reflects standard insider compliance; the disclosure and representation language are consistent with regulatory expectations.

The notice includes required broker information, acquisition details (compensation via stock options on 02/19/2025), and a statement that no material non-public adverse information is known by the seller. The absence of reported sales in the past three months and the documented cashless exercise suggest this is a planned, rule-compliant disposal of compensation-related shares rather than an unanticipated disposition with governance implications.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	520	199997.2	137786038	08/08/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/19/2025	Acquired as compensation -- Stock Options	Issuer			520	02/19/2025	Compensation -- Cashless exercise / same-day sale

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Cummins (CMI) report in this Form 144?

The filing reports a proposed sale of 520 common shares of Cummins with an aggregate market value of $199,997.20, to be sold on 08/08/2025 on the NYSE.

Who is the broker handling the proposed sale for CMI?

The broker listed is Goldman Sachs & Co. LLC, address shown as 200 West Street, New York, NY 10282.

When and how were the securities acquired?

The shares were acquired on 02/19/2025 as compensation under stock options, with payment described as a cashless exercise/same-day sale.

How many Cummins shares are outstanding according to the filing?

The filing lists 137,786,038 shares outstanding.

Did the filer report any sales of issuer securities in the past three months?

The filing states: Nothing to Report for securities sold during the past three months.

Does the filer claim possession of any undisclosed material adverse information?

By signing the notice, the person represents that they do not know any material adverse information about the issuer that has not been publicly disclosed.